Summary
- Tesla unveiled robotaxi concept vehicles but lacked specifics on how or when they will be operational
- Investor Gary Black expressed skepticism and disappointment in the lack of clear details provided
- There was no mention of immediate robotaxi operations, but a prediction for unsupervised Full Self Driving by 2025
- The design of the Cybercab was praised, but questions remain about revenue generation and business models
- Challenges with Cybertruck production volumes, costs, reliability, and repairability indicate hurdles ahead before customer availability
Article
Tesla’s robotaxi event revealed some very cool looking concept vehicles, but lacked specific details on how and when these vehicles would be available to customers. The most bullish hopes were for immediate launch of robotaxi operations, but Tesla did not mention this in the event. Investor Gary Black expressed skepticism and disappointment in the lack of concrete information provided.
Despite the impressive concept designs, Tesla did not unveil a more affordable $25-$30K compact car, but instead showcased a 20-person autonomous Art Deco bus. The event did not address how Tesla plans to transition from selling supervised Full Self Driving (FSD) to unsupervised autonomous vehicles. Elon Musk did outline a vague timeline for offering unsupervised FSD by the end of 2025 and a production robotaxi before 2027, but these predictions have previously been missed by Tesla.
Musk did not provide a clear business model for how the robotaxi would generate revenue, leading to questions about the value appreciation of older Tesla vehicles with FSD. The presentation lacked technical details and glossed over important topics like regulation and fleet ownership, leaving some investors unsatisfied. While the design of the Cybercab was praised for its futuristic look, the practicality and timeline for production remain uncertain.
Tesla is still facing struggles with Cybertruck production volumes and costs, indicating potential challenges in bringing the robotaxi concept to reality. Full Self Driving progress and regulatory approval also remain uncertain, with no significant updates provided during the event. Overall, the lack of concrete information and detailed plans has left many investors and followers underwhelmed by the event.
Looking ahead, the timeline for the production and launch of the robotaxi remains unclear, with many hurdles to overcome before the vehicles are in customers’ hands. The event did not provide any new information or announcements that were unexpected, leading to a sense of disappointment among some participants. With ongoing challenges in production, reliability, and repairability, the vision of a futuristic robotaxi fleet from Tesla remains a distant dream with many uncertainties.
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